Investors were not impressed by Nvidia's quarterly performance and outlook even though it handily beat Wall Street's expectations thanks to the booming demand for its artificial intelligence (AI) chips.
In this video, I will go over Taiwan Semiconductor's (NYSE: TSM) recent earnings report and commentary from management. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Speaking on the sidelines of an event hosted by chip supplier Siliconware Precision Industries in Taichung, Taiwan, Huang explained the transition in Nvidia's chip packaging requirements.
Semiconductor stocks have been red hot over the last two years thanks to soaring demand for artificial intelligence (AI).
Nvidia's demand for advanced packaging from TSMC remains strong though the kind of technology it needs is changing, the U.S. AI chip giant's CEO Jensen Huang said on Thursday, after he was asked whether the company was cutting orders.
Semiconductor stocks are getting hit with a wave of bearish pressures following news that the U.S. will take new steps to limit the export of advanced chips used for AI.
Nvidia's demand for advanced packaging from Taiwan Semiconductor remains strong despite evolving technology; plans to use CoWoS-L for Blackwell chip.
NVIDIA's demand for advanced packaging from TSMC, but the tech it needs is changing: Jensen Huang says NVIDIA will transition to CoWoS-L packaging.
Compared to its industry, the company has lower Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $22.86 Billion, which is 0.68x below the industry average, potentially indicating lower profitability or financial challenges.
The company revealed net income rose 57% for the final quarter of 2024, while revenue increased 37% to almost $27 billion.
For growth-oriented investors, Taiwan Semiconductor Manufacturing stock is worth considering. The company dominates the manufacturing of advanced technology chips, and is poised to continue to benefit from the strong demand for its customers' chips to enable AI capabilities. Moreover, its steadily increasing dividend is a nice plus.
We recently compiled a list of the 15 Best Growth Stocks to Buy for the Next 5 Years. In this article, we are going to take a look at where Taiwan Semiconductor Mfg. Co. Ltd.